Very enlightening post, thank you.
Just a few days ago my brain melted trying to understand how this process unfolds. This parity of the HBD and always being on track, with more or less a tenth of escape.

How was all this processed, was it manually? How many people would be needed to collect all the data to carry out the operations? Who would trade HIVE for HBD and buy HIVE again, and then trade again? How does it all stabilize?

Not being a person in the field of economics and finance, I was curious to understand this whole process. How the heart of the hive works. Or, rather, the engine of the entire financial operations machine.

With this article my brain became calmer. You can see that this bot created by Smoot is charming, a functional marvel.

(Translated with DeepL.com)